# Summit-GE consortium signs agreements for 583 MW power plant in Bangladesh

Summit Meghnaghat II Power Company Limited (SMIIPCL), a subsidiary of Summit Group, signed a 22-year power purchase agreement with BPDB and other agreements for a 583 MW combined cycle power plant in Meghnaghat, Bangladesh. GE was awarded an EPC contract worth approximately USD 390 million.

- Type: Contract
- Announced: 2019-03-14
- Where: Meghnaghat, Bangladesh, Bangladesh
- Value: $390.0M
- Status: announced
- Capacity: 583 MW
- Products: combined cycle power plant, gas turbine (GE 9HA)
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Summit Group](https://endata.com/companies/5150.md)
- [GE](https://endata.com/companies/1022.md) (partner)
- [GE Power](https://endata.com/companies/2749.md) (partner)
- [Bangladesh Power Development Board](https://endata.com/companies/19615.md) (customer)
- [Power Grid Company of Bangladesh Limited](https://endata.com/companies/23931.md) (customer)
- [Titas Gas Transmission and Distribution Co Ltd](https://endata.com/companies/38010.md) (supplier)
- [Bangladesh Petroleum Corporation](https://endata.com/companies/38011.md) (supplier)

## Sources

- [summitpowerinternational.com](https://summitpowerinternational.com/summit-ge-consortium-signs-project-agreements-largest-583-mw-ccpp-bangladesh), 2019-03-14: "Summit awarded GE the EPC contract on turnkey basis as well as the maintenance and repair services for key power generation equipment at approximately USD 390 Million."
- [ippjournal.com](https://ippjournal.com/update/summit-signs-22-year-ppa-for-upcoming-583-mw-gas-power-plant-ge-to-co-develop-plant-in-bangladesh), 2019-04-05: "The power plant is expected to be operational by 2022 and will generate the equivalent electricity needed to supply up to 700,000 homes in Bangladesh."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.